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jayplayco
@jayplayco
Summary of the ZachXBT Meme Token Incident ZachXBT, a well-known "on-chain detective," is respected for uncovering scams and helping protocols recover stolen funds. Initially starting as a hobby, his work eventually became a professional endeavor. Recently, Zach expressed frustration over the lack of fair compensation for his efforts, which led to a unique fundraising initiative. A meme token, $ZachXBT, was launched, with 50% of the tokens allocated to Zach as a form of donation. Investors hoped the token's price increase would serve as compensation for his contributions. This initiative was reminiscent of $SHIBA’s allocation to Vitalik Buterin, though with a different outcome.
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Nithin
@nith567
he did gain 1M profit and again put into liquidity
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